July lin, 1921 



HARDWOOD RECORD 



:5D 



tbe range of values l)j' lioldiiiB liiuk iis thnt they regiinl the situiitlmi as 

 too iiiicertaiii to make niateri:ii aililitions to their stocks. Every user of 

 hardwoods Is disposed to make provision only for the stocks which he 

 actually and immediately needs. leaving the future to take care of itself, 

 and taking a chance on having lo pay more. l'"or the present there appears 

 to be no ilanger of a sudden [uarking up of the quotations which might 

 catch large consumers iinawarcs. 'I'liere are not wanting menihers of tlic 

 trade, however, who take an em-ouraging view on the prevailing state of 

 affairs not less than on the outlook. These ol)servers point first of all 

 to the change in the credit situation, which, they maintain, has tjiken 

 place and which makes the basis of the trade deiidedly more satisfactory 

 in that there is something substantial to build on and to furnish the 

 foundation for a healthy and nornuil devidopnunt. The fact that the 

 demand has not continueil to expand after the spring spurt is regarded as 



of far Ii'ss mi'nt than that a sound support fcir the trade la now being 



created. More or less uucertaiuly iMutinues to iircvail with regard to tbe 

 range of prices, and some of tbe hardwood men cannot well resist a feel- 

 ing of appri'hcnsi(ui that unscttlcnient will l)e prolongcil. To be sure, sonu' 

 irregnlarit.^' pi-c\-;iils in the luarkci, Imt a steadying prtn-ess is also making 

 Itself felt. 



COLUMBUS 



A slight improvement in the hardwood trade is reported in central Ohio 

 territory. Uuying on the part of retailers is showing some increase. In 

 addition factories are also showing a disposition to enter the market. 

 Retail stocks are only fair and in some instances rather broken. Dealers 

 are placing orders to replace these stocks, but are not buying for the 

 future to any extent. Building operations are still rather active, although 

 the dullness usual during July ami August has arrived. 



Factories making furniture are lietti'r customers. This is especially 

 true of the factories located in the south, from which some rather large 

 orders have been secured. Implement concerns are also showing a ten- 

 dency to bu.v. Box factories are placing onlers for low grade stocks. 

 Oil the whole, there is a decided improvement among factories and a 

 more optimistic tone has developcil. 



The higher grades of oak, poplar and chestnut are still rather scarce. 

 This has the effect of switching the demand to the medium and lower 

 grades, rroduction in all sections is still curtailed and this is expected 

 to aid in stabilizing the market. Prices are not showing as wide a range 

 as formerly. The extreme low (piotatioiis resulting largely from distress 

 lumber are not now so common. 



CINCINNATI 



There is less price cutting in tlie hardwood market than heretofore. 

 While business is not what it should be for this time of the year, lumber- 

 men are not complaining, because they believe they are getting their share 

 of the business. Demand is fair, with the tiooring trade the bright feature 

 in the market. Another feature is the increased volume of inquiries during 

 the past two weeks, which indicates that a buying movement is going to 

 start shortly. What business is lieing done at this particular time is at 

 a satisfactory price. Automobile manufacturers have l)een buying small 

 quantities of gum, ash and hickory and are apparently satisfied to "rock 

 along" with no thought of the future. Railroads are considered a poor 

 asset to the market, although several inquiries have been received from 

 them which may later develop into liusiness. The musical instrument and 

 piano trade is slow in coming into the market and the same can be said 

 of the furniture manufacturers. Many concerns are buying lower grades 

 of hardwoods and using them in substitution of other woods. Most manu- 

 facturers are taking a hopeful view of the situation and are looking for a 

 near improvement in trade conditions along about the first of September. 

 General trade conditions in this section are a whole lot better than they 

 were at the first of the .year and collections have held their own very well. 



INDIANAPOLIS 



Little change is to be noted in the Iiardwooil markets. The demand 

 from the industries continues slow and distributcu's here believe what 

 relief comes will (;onie from the furniture ami piano trades, both of which 

 arc reported here to have been receiving some orders. The Indianapolis 

 furniture plants, with one or two exceptions, have not shown a disp<isi- 

 tion to increasi' production greatly, but there has been some increase noted 

 in the plants at Shidliyville, Ind.. just south of this city. What di'mand 

 is coming is from the retailers, who are doing a wonderful t>usiness in 

 interior trims and floorings. Veneer men say business is quiet and they 

 believe it will lie fall hefore there is any appreciable increase with them. 



EVANSVILLE 



The liardwood lumber Tuanul'acturers of Evansville say that there has 

 been some little improvement in trade during the past two weeks, although 

 the increase in business has been nothing to brag about. Some orders 

 have come in and inquiries have been fairly ninnerous. fleneral trade con- 

 ditions are better than they were two or three montlis ago and collections 

 are holding their own. very well. The manufacturers say that if they 

 breaK even until the first of Septendier tlicy will he lucky, for they fed 

 that after that date there is going to be quite an improvement in their 



Foster-Latimer Lumber Co. 



OFIER THE FOLLOWING 



DRY HARDWOODS 



SOFT ELM 



4/4" Xo. 2 & Htr. n-d. wUUhs and Ipntillis 

 5/4" No. 2 & Ittr. reg. wldtjis and lencths. 



2 & Btr., rec- widths tiii<l k'ngths., 



\ & Htr, roff. widtlis and U-iiclhs. 

 -, . - -. I & Rtr., ri«B. wldtha and lengths 

 la/'l" No. 1 & Btr., reg. widths ami k-ncths. . 5 moa. dry 



1/4" No. 3. rfg. wl(ilh8 and lengths 15 mos. dry 



6/4" No. 3. rt'K. widths and lengths 6 mos. dry 



6/4" No, 

 S/4" No. 

 10/4" N. 



\Tt nic»s. dr>' 



15 ni<i8. dry 



16 mos. dry 

 6 mo«. dry 



ir> mo«. dry 

 dry 



WIRE, PHONE OR WRITE FOR PRICES 



MAIN OFFICE AND MILLS 

 MELLEN, WISCONSIN 



A Few Bargains in Dry Hardwoods 



offered by 



Wheeler-Timlin Lumber Co. 



5/4" No. 1 & Btr. Brown Ash, 6 Mos. ... 2 cars 



8/4" No. 1&2 Com. Basswood, 18 Mos 1 car 



10/4" No. 1 & Btr. Basswood, 18 Mos 1 car 



5/4" No. 3 Basswood, 6 Mos 1 car 



5/4" No. 2 Basswood, 6 Mos 2 cars 



6/4" FAS Basswood, 18 Mos . 2 cars 



6/4" No. 1 & Sel. Basswood, 18 Mos.... 2 cars 

 6/4" No. 2 Basswood, 18 Mos 2 cars 



We are sawing at both Wittenberg and Dorchester 



mills and can get out special items of Northern 



Hardwoods 



MAIN OFFICE, WAUSAU, WISCONSIN 



VESTAL LUMBER 

 & MFG. COMPANY 



INCORPORATED 



Soft Textured Oak 



Poplar 



Black Walnut 



Tenn. Red Cedar 



KNOXVILLE, TENNESSEE 



BAND MILLS AT VESTAL 



A SUBURB OF KNOXVILLE 



FONDE, KY. 



